BSR 201508040007A
Trading statement
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of JSE Limited (“Listings
Requirements”), companies are required to publish a trading statement as
soon as they become reasonably certain that the financial results for the
period to be reported on will differ by more than 20% from that of the
previous corresponding period.
Shareholders are therefore advised that Basil Read’s earnings per share for
the six months ended 30 June 2015 is expected to be at least 100% or 145.75
cents per share higher than the loss of 145.75 cents per share of the
previously reported corresponding period.
Shareholders are further advised that Basil Read’s headline earnings per
share for the six months ended 30 June 2015 is expected to be at least 100%
or 145.74 cents per share higher than the headline loss of 145.74 cents per
share of the previously reported corresponding period.
The company is in the process of finalising its interim results for the six
months ended 30 June 2015 which are expected to indicate a return to
profitability. Once more certainty is obtained, Basil Read will provide
further guidance as required by paragraph 3.4(b) of the Listings
Requirements.
The financial information on which this trading statement is based has not
been reviewed or reported on by Basil Read’s external auditors. The
unaudited results for the six months ended 30 June 2015 are expected to be
published on or about 28 August 2015.
Johannesburg
4 August 2015
Company Secretary
Andiswa T Ndoni
JSE Sponsor
Grindrod Bank Limited
Date: 04/08/2015 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
